Globalization and empire: market integration and international trade among Canada, the US, and Britain, 1750-1870

Maja Uhre Pedersen, Vincent Geloso*, Paul Sharp

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

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Abstract

Wheat market integration between the US and the UK before the "first era of globalization"(in the second half of the nineteenth century) was frequently interrupted by policy and "exogenous"events such as wars. This paper adds Canada to this story by looking at trade and price data, as well as contemporary debates. This allows us to triangulate the role of policy and wars, since Canada as a small open economy was part of the British Empire. We find that, despite its privileged access to British markets, Canada faced similar barriers to the US, suggesting that membership of the British Empire provided only a modest benefit to trade. We also describe the limitations she faced accessing the US market, in particular after American independence.

Original languageEnglish
JournalSocial Science History
Volume48
Issue number1
Pages (from-to)19-40
ISSN0145-5532
DOIs
Publication statusPublished - 2024

Bibliographical note

Publisher Copyright:
© The Author(s), 2023. Published by Cambridge University Press on behalf of the Social Science History Association.

Keywords

  • British Empire
  • Canada
  • globalization
  • Keywords:
  • market integration
  • United Kingdom
  • United States
  • wheat

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